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719 Crawford Street
Belding, MI 48809
Joshua McCracken with Greenridge Realty (Lowell), original listing - (616) 897-9239

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Property Details


List Price: $2,500,000
Beds: --
Baths: --
Status: Active
SqFt: --
Agency: Greenridge Realty (Lowell)
Agency Phone: (616) 897-9239

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Description/Comments


Lot Size: 3 acre(s)
Property Type: Residential Multi Family-Other
Year Built: 1998
Notes: Offered at 2,500,000, 719 Crawford Street features a rare collection of nine duplex buildings totaling 18 two bedroom, one bath units. Each with an attached 1 stall garage and a full daylight unfinished basement-presenting both immediate cash flow and long-term value-add potential.<br /> Current average rents are approximately $995 per unit, with top end rents already reaching $1,200. Market conditions support rent adjustments across the board, with minimal improvements needed to achieve $1,200+ monthly rents. Investors will appreciate the clean, well maintained interiors, tenant paid gas and electric utilities, and landlord covered water, sewer, lawn care and snow removal. All units sit on a large 3.364-acre parcel and were constructed between 2000 and 2005, offering durable layouts, attached garages, and full daylight basements ready for future expansion. Finishing basements could create addition living space and drive rents even higher into the $1,400-1,600 range. dramatically increasing the property's overall NOI and value. This property boasts a proven 20 year track record of high occupancy with minimal turnover, located in a quiet residential setting near downtown Belding and within an easy commute to Grand Rapids. Whether you're seeking a stabilized asset with immediate upside or longer-term value-add project, 719 Crawford Street checks all the boxes. Don't miss this rare offering!
MlsNumber: --
ListingId: 25015204


Listing Provided By: Greenridge Realty (Lowell), original listing
Phone: (616) 250-7635
Office Phone: (616) 897-9239
Agent Name: Joshua McCracken
Disclaimer: Copyright © 2025 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Local Real Estate Expert

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